News for 'Contingency Fund'

BCCI paying for Aus IPL players' quarantine in Sydney: CA

BCCI paying for Aus IPL players' quarantine in Sydney: CA

Rediff.com18 May 2021

'BCCI at the outset committed to ensuring that they got home safely and as quickly as possible. They've delivered on that promise.'

Five ways to improve your household budget

Five ways to improve your household budget

Rediff.com29 Feb 2016

Take a moment to consider ways to improve your finances.

Taking loans to repay card dues is not smart

Taking loans to repay card dues is not smart

Rediff.com7 Oct 2016

Use credit cards with discretion and try to generate a net monthly surplus to avoid falling into a debt trap

Want to have credit score of 750 plus?

Want to have credit score of 750 plus?

Rediff.com7 Mar 2019

An individual with a score above this level will not only enjoy easy access to credit, but will also benefit from lower cost of loans, points out Arun Ramamurthy, founder and director, Credit Sudhaar.

US denies involvement in no-trust motion against Imran govt

US denies involvement in no-trust motion against Imran govt

Rediff.com31 Mar 2022

The cable was reportedly sent on March 7, a day before the Opposition submitted the no-confidence motion and requisitioned a National Assembly session for voting on it.

Day 3: ED grills Rahul for 8 hrs, summons him again on Friday

Day 3: ED grills Rahul for 8 hrs, summons him again on Friday

Rediff.com15 Jun 2022

Congress leader Rahul Gandhi appeared before the Enforcement Directorate (ED) on Wednesday for the third consecutive day of questioning in the National Herald money laundering case, with the agency seeking answers on decisions taken with regard to the media organisation and its owner Young Indian.

Insurers, MFs worried about impact of Sitharaman's tax 'sop'

Insurers, MFs worried about impact of Sitharaman's tax 'sop'

Rediff.com2 Feb 2020

While the proposed new tax regime is optional for taxpayers, the finance minister has said the government eventually wants to do away with all exemptions with a lower tax-rate simplified structure.

Survival first, revival later: Hotels' mantra for 2022

Survival first, revival later: Hotels' mantra for 2022

Rediff.com20 Dec 2021

When the sun rises in 2022, the Indian hospitality industry will be waking up with prayers for survival, desperately looking forward to some form of support from the government as revival from the impact of the coronavirus pandemic of the last two years will be an arduous journey. Just as the industry was beginning to see a flickering light at the end of a long tunnel towards the end of 2021, the spread of the Omicron variant of coronavirus and subsequent extension of suspension of scheduled international passenger flights till January 31, 2022, has come as a dampener to those who were looking to have some business in the winter season. With inbound tourist arrivals unlikely amidst the pandemic, the industry wants the government to incentivise domestic travels with income tax benefits for a limited period so as to help the hospitality and tourism sector get up again by tapping the pent up demand for holidays, within the country.

Lockdown controlled progression of COVID-19: Govt

Lockdown controlled progression of COVID-19: Govt

Rediff.com15 Sep 2020

The states were advised to plan for the requisite number of isolation, oxygen supported and ICU beds based on the prevalent and expected case growth rate. the Ministry of Health and Family Welfare is also monitoring the COVID-19 hospital infrastructure, he said.

Weak monsoon: 'Only 20 per cent water left in major reservoirs'

Weak monsoon: 'Only 20 per cent water left in major reservoirs'

Rediff.com25 Jun 2014

Cabinet sub-committee to meet to review the situation and take necessary steps. Sanjay Jog reports

Stocks: 'Third wave will bring near-term challenges'

Stocks: 'Third wave will bring near-term challenges'

Rediff.com23 Aug 2021

'Companies with a strong business case and healthy balance-sheet should sail through and emerge more robust in the future.'

Govt seeks Rs 23,100 cr interim dividend from RBI by March 31

Govt seeks Rs 23,100 cr interim dividend from RBI by March 31

Rediff.com8 Jan 2019

This amount will include Rs 13,100 crore that Economic Affairs Secretary Subhash Garg has been publicly seeking from the central bank's contingency reserve fund since 2017-18 (FY18).

Ex-Lanka Prez gets govt bungalow, special security on return

Ex-Lanka Prez gets govt bungalow, special security on return

Rediff.com3 Sep 2022

The ex-president returned to Sri Lanka on a Singapore Airlines flight.

Superseding boards of two Srei cos won't roil markets

Superseding boards of two Srei cos won't roil markets

Rediff.com13 Oct 2021

Superseding the boards of two non-banking financial companies (NBFCs) in the Srei group will neither create liquidity challenges for sound entities, nor build systemic crises because the markets have factored in the problems with the Kolkata-based firms. Such regulatory steps will help in making the NBFC space more robust, bankers and market experts said. The action should have begun earlier because the Reserve Bank of India (RBI) had done a special audit last financial year and asked the group to make provisions for assets considered stressed, analysts said.

Sri Lankan PM agrees to quit amid political turmoil

Sri Lankan PM agrees to quit amid political turmoil

Rediff.com9 Jul 2022

Wickremesinghe will resign after an all-party government is established and the majority is secured in Parliament.

Do You have START-UP Queries?

Do You have START-UP Queries?

Rediff.com4 Jun 2021

Muzammil Patel and Rahul Murthi will answer all your start-up queries.

Protesters storm Lanka president's home, swim in Rajapaksa's pool

Protesters storm Lanka president's home, swim in Rajapaksa's pool

Rediff.com9 Jul 2022

The President had been moved out of his residence on Friday, in anticipation of Saturday's protests.

Sitharaman: 'We have spent, we have spent, we have spent...'

Sitharaman: 'We have spent, we have spent, we have spent...'

Rediff.com1 Feb 2021

The government has decided to spend big on infrastructure across a wide variety of sectors to give a greater impetus to the economy which is recovering from the impact of Covid-19, Finance Minister Nirmala Sitharaman said on Monday.

Hockey India boss in legal trouble

Hockey India boss in legal trouble

Rediff.com25 May 2022

The Delhi High Court on Wednesday placed Hockey India under a three-member Committee of Administrators (CoA) to run its day-to-day affairs

New Development Bank to set its own standards; no rivalry issues: Kamath

New Development Bank to set its own standards; no rivalry issues: Kamath

Rediff.com8 Jul 2015

Kamath also said that the new bank, set up by India and four other members of the BRICS grouping, will strive to approve its first loan before end of the current fiscal.

Here's the Sports Minister's advice to Asiad-bound athletes

Here's the Sports Minister's advice to Asiad-bound athletes

Rediff.com10 Aug 2018

India is sending a 800-plus contingent, including 572 athletes, to the Asian Games, to be held from August 18 to September 2 in the Indonesian cities of Jakarta and Palembang.

'Narsingh can replace Rana after green signal by NADA'

'Narsingh can replace Rana after green signal by NADA'

Rediff.com28 Jul 2016

The Indian Olympics Association (IOA), on Thursday, said that it will not object to wrestler Narsingh Yadav replacing Praveen Rana in the Rio Olympics if he is cleared by NADA in an ongoing dope scandal.

Bad loans set to rise in 2nd half of FY21: Axis

Bad loans set to rise in 2nd half of FY21: Axis

Rediff.com18 Dec 2020

While the stress is lower than projections, it would be higher than what we saw last year because of the pandemic: Axis.

Her father denied access into Games village, Saina hits out

Her father denied access into Games village, Saina hits out

Rediff.com2 Apr 2018

Saina Nehwal has claimed that her father Harvir's name has been removed from the Indian team official's list for the Commonwealth Games, leaving her frustrated just before the start of the mega event.

8 money mistakes you must avoid

8 money mistakes you must avoid

Rediff.com20 Nov 2015

While proper financial planning is a subject in itself, in my experience, to increase levels of financial safety and security, a person needs to avoid a few basic mistakes, says Parag Raja

'Indian Army fully prepared to take on any challenge along LoC or LAC'

'Indian Army fully prepared to take on any challenge along LoC or LAC'

Rediff.com26 Jul 2018

Lt General Ranbir Singh described the situation in Kashmir as stable but fragile.

Invesco, Zee saga drags on

Invesco, Zee saga drags on

Rediff.com11 Oct 2021

In an open letter to Zee's shareholders, Invesco, which holds a 7.74 per cent stake in the firm, reiterated its demand for an overhaul of the media group's board and that it would pursue extraordinary general meeting (EGM) to oust chief executive Punit Goenka and two other directors. Last month, Sony Group Corp's India unit signed a non-binding offer to buy Zee.

How Olympics-bound Manu is managing shooting and studies

How Olympics-bound Manu is managing shooting and studies

Rediff.com16 May 2021

A day before the Tokyo-bound Indian shooting contingent hits the range for its first training session in Croatia, Manu Bhaker's pistol will give way to a pen and the shooting gear to her study materials, as she logs in for her BA fourth semester exam.

Covid effect: Banks prefer govt bonds to giving loans

Covid effect: Banks prefer govt bonds to giving loans

Rediff.com20 May 2021

Record liquidity infusion by the central bank in the banking system during the financial year 2020-21 amid sluggish economic activity resulted in banks investing more in safe government papers than in extending loans, data from Reserve Bank of India (RBI) showed. This trend has not been seen in nearly two decades, barring 2016 - the year of demonetisation.

Indian Winter Olympians divided over uniform issue

Indian Winter Olympians divided over uniform issue

Rediff.com15 Feb 2010

Trouble is brewing in the Indian camp at the Winter Olympics in Vancouver with majority of the contingent denying luger Shiva Keshavan's claim that the team didn't have coordinated uniform for the opening ceremony and rejecting the money raised by the Indian diaspora.

Building wealth by taking a loan: Is it possible?

Building wealth by taking a loan: Is it possible?

Rediff.com14 May 2013

oans help you achieve your financial goals, even if you do not have 100 per cent of the funds needed for it immediately.

Time For Stalin To Get Tough With Party, Babus

Time For Stalin To Get Tough With Party, Babus

Rediff.com19 Oct 2022

Tamil Nadu's voters wanted tough leaders at the helm, to the point of being autocratic. It was what Karunanidhi, MGR and Jayalalithaa ended up becoming, observes N Sathiya Moorthy.

GVK default may singe group firms

GVK default may singe group firms

Rediff.com13 Jul 2020

The rating was downgraded despite 25 per cent held by stronger partner Indian Hotels, which operates the company's seven properties in India.

'Inflation can eat into the India growth story'

'Inflation can eat into the India growth story'

Rediff.com21 Apr 2011

The FIIs, after being bearish on India since November 2010, turned positive post the Union Budget presentation, which largely addressed the challenges relating to growth and liquidity despite surging inflation.

Wide-ranging reforms needed to regain economic growth: RBI

Wide-ranging reforms needed to regain economic growth: RBI

Rediff.com25 Aug 2020

RBI said aggregate demand during the year so far suggests that the shock to consumption is severe, and it will take quite some time to mend and regain the pre-COVID-19 momentum.

IMF to revisit growth forecast for India due to surge in COVID-19 cases

IMF to revisit growth forecast for India due to surge in COVID-19 cases

Rediff.com6 May 2021

The International Monetary Fund (IMF) said on Thursday that a multilateral response is critical to overcome the COVID-19 pandemic in India and globally as it hailed recent announcements by several countries to provide immediate support to India. India is struggling with a second wave of the pandemic with more than 300,000 daily new coronavirus cases being reported in the past few days, and hospitals are reeling under a shortage of medical oxygen and beds.

Want to help your dad organise his finances?

Want to help your dad organise his finances?

Rediff.com27 Jun 2019

Calculate his monthly expenses, health care spending, how much funds will he need once he retires, and whether his current savings and investments will enable him to manage his lifestyle through retirement, suggests Ashok Kumar E R, CEO and co-founder, Scripbox.

Video: This dancing duo is quietly making India proud

Video: This dancing duo is quietly making India proud

Rediff.com12 Mar 2018

Few in India know that Elvis & Namrata won at the World Salsa Summit in Miami!

Visionary Budget or worse than Pranab Mukherjee's?

Visionary Budget or worse than Pranab Mukherjee's?

Rediff.com3 Mar 2021

The sad truth is that the debt-to-GDP ratio will shoot up close to 90 per cent in the coming year, and the fiscal deficit glide path does not promise to reduce it substantially any time soon, predicts Mihir S Sharma.

RBI sells special drawing rights to control fiscal deficit

RBI sells special drawing rights to control fiscal deficit

Rediff.com7 Mar 2014

The RBI needs to maintain a healthy contingency reserve so that it can lend its support in case of a bank failure.